Harris nuclear plant

"As the world's largest producer and refiner of oil and natural gas, which today is the number one source of U.S. electricity, our nation is on track to achieve the President's vision for energy dominance", Snitchler says.So the Energy Department is hatching a new plan, according to a memo obtained by Bloomberg News, to force grid operators to buy electricity from coal and nuclear plants at risk of retirement, effectively keeping those failing power plants afloat.Sanders said Trump had ordered Energy Secretary Rick Perry to prepare "immediate steps to stop the loss of these resources"."Unfortunately, impending retirements of fuel-secure power facilities are leading to a rapid depletion of a critical part of our Nation's energy mix, and impacting the resilience of our power grid", Sanders said in a statement.The idea of declaring an emergency under the Defense Production Act of 1950 (used by President Harry Truman for the steel industry) and section 202 of the Federal Power Act has been … [Read more...] about President Trump admin considers plan to bail out coal, nuclear plants

Sections SEARCH Skip to content Skip to site index Climate Subscribe Log In Subscribe Log In Advertisement Supported by ByBrad Plumer June 1, 2018 WASHINGTON — President Trump has ordered Energy Secretary Rick Perry to “prepare immediate steps” to stop the closure of unprofitable coal and nuclear plants around the country, Sarah Huckabee Sanders, the White House press secretary, said on Friday. It remains to be seen what actions Mr. Perry will recommend, but many of the proposals being floated within the Trump administration, according to a leaked internal memo, would involve drastic government intervention in America’s energy markets. Under one proposal outlined in the memo, which was reported by Bloomberg, the Department of Energy would order grid operators to buy electricity from struggling coal and nuclear plants for two years, using emergency authority that is normally reserved for exceptional crises … [Read more...] about Trump Orders a Lifeline for Struggling Coal and Nuclear Plants

WASHINGTON -- President Donald Trump on Friday ordered Energy Secretary Rick Perry to halt the shutdown of ailing coal and nuclear power plants that he said were needed to maintain the nation's energy mix, grid resilience and national security. "Unfortunately, impending retirements of fuel-secure power facilities are leading to a rapid depletion of a critical part of our nation's energy mix, and impacting the resilience of our power grid," the White House said in a statement. The Trump administration has been preparing to invoke emergency powers granted under Cold War-era legislation to order regional grid operators to buy electricity from ailing coal and nuclear power plants. There have been meetings this week at the cabinet deputies' level and at the National Security Council. One likely plan, laid out in a 41-page draft memorandum posted online by Bloomberg News and Utility Dive, would favor certain power plants in the name of national security. Those plants are owned by … [Read more...] about Trump orders Energy Dept. to halt shutdown of coal, nuclear plants

Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Steven Mufson The Washington Post June 01, 2018 WASHINGTON — President Trump on Friday ordered Energy Secretary Rick Perry to halt the shutdown of ailing coal and nuclear power plants that he said were needed to maintain the nation’s energy mix, grid resilience, and national security. ‘‘Unfortunately, impending retirements of fuel-secure power facilities are leading to a rapid depletion of a critical part of our nation’s energy mix, and impacting the resilience of our power grid,’’ the White House said in a statement.The Trump administration has been preparing to invoke emergency powers granted under Cold War era legislation to order regional grid operators to buy electricity from ailing coal and nuclear power plants. There have been meetings this week at the cabinet deputies’ level and at the National Security … [Read more...] about Trump orders Energy Secretary Perry to halt shutdown of coal and nuclear plants

Months into the Korean War, President Harry S Truman capped wages and imposed price controls on the steel industry, seizing authority under a newly passed law to take action in the name of national defense.Now, more than a half century later, officials in President Donald Trump's administration are considering using the same statute to keep struggling coal and nuclear power plants online, according to four people familiar with the discussions who asked for anonymity to discuss private deliberations.Under the approach, the administration would invoke sweeping authority in the 68-year-old Defense Production Act, which allows the president to effectively nationalize private industry to ensure the U.S. has the resources that could be needed amid a war or after a disaster.Trump campaigned on a promise to bring back coal that is increasingly being edged out of the U.S. power market by cheap, cleaner-burning natural gas.But the administration has struggled to find an approach that can survive … [Read more...] about Trump may invoke defense act to boost coal plants